SEOUL: Vodafone said on Monday that it has chosen Samsung Electronics as vendor for 5G network equipment and virtualised solutions in Britain, marking the entry of the South Korean company in Europe. Samsung is banking on Europe to maintain growth in its network equipment business, a senior ...
TOKYO -Toshiba Corp's chairman of the board on Monday pushed back against investor calls for him to resign, blaming its former chief executive for a "confrontational stance" towards shareholders that helped pitch the Japanese company into crisis. Toshiba has come under fierce global scrutiny ...
JAKARTA: Indonesia's benchmark interest rate of 3.50per cent was already low, central bank governor Perry Warjiyo said on Monday, while also underlining the central bank's efforts to accelerate bank lending ahead of a policy review this week. "We're continuing to push for interest rate ...
Toshiba apologised to shareholders Monday and said it would remove two directors after a probe found the Japanese conglomerate had sought government help to try and influence a boardroom vote.
TOKYO: An American father and son on Monday in a Tokyo court admitted to charges they illegally helped former Nissan Motor Co Ltd Chairman Carlos Ghosn flee Japan at the end of 2019 hidden in a box and on a private jet, Kyodo newswire reported. Army Special Forces veteran...
TOKYO: Proxy adviser ISS said on Monday that it continued to recommend voting against appointing Toshiba Corp board chairman Osamu Nagayama amid the company's corporate governance crisis. Nagayama has ultimate responsibility for the conduct of the rest of the board, ISS said, even after ...
(Corrects fourth paragraph to say two foreigners will be included in strategic review, not two new foreigners on board)
BANGKOK: A series of COVID-19 outbreaks in Thai factories is raising concerns that the export sector could be hit hard, threatening to further undermine an economy as it struggles to recover from the pandemic's crippling blow to the crucial tourism industry. The virus has swept through more than ......
Indonesia's central bank will likely keep interest rates at record lows on Thursday, a Reuters poll showed, after its governor pledged to keep monetary policy accommodative for a while as inflation remains below target and COVID-19 cases rise.
BANGKOK: A series of coronavirus outbreaks in Thai factories is raising concerns that the export sector could be hit hard, threatening to further undermine an economy as it struggles to recover from the pandemic's crippling blow to the crucial tourism industry. The virus has swept through over ...
